U.S. stocks closed higher on Wednesday as megacaps rallied, but gains were limited ahead of inflation reports and major bank earnings later in the week. Canadian stocks eked out a […]
Author: Consultant
Ottawa, Honda to hold talks on potential EV factory in Canada
Federal officials are planning to meet this week with Honda HMC-N +0.88%increase representatives about the possibility of the Japanese automaker building an electric-vehicle factory in Canada, adding another name to the list of […]
Crude Oil Shows Significant Move Back To The Upside
Published: 1/5/2024 3:24 PM ET | After turning lower over the course of the previous session, the price of crude oil showed a strong move back to the upside during trading on Friday.Crude […]
Calendar: What investors need to know for the week ahead
Monday January 8Japanese markets closedChina aggregate yuan financing, new yuan loans, money supply and foreign reservesEuro zone retail sales, economic and consumer confidenceGermany factory orders and trade surplus(3 p.m. ET) […]
Canada’s job growth stalls in December, while wages accelerate
Canada’s labour market finished 2023 in the doldrums, with employers pulling back on hiring as part of a broader economic slowdown driven by high interest rates.The country added just 100 […]
U.S. payrolls increased by 216,000 in December, much better than expected
December’s jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. That compared with respective estimates of 170,000 and 3.8%. The hiring boost […]
China’s factory activity grew at quicker pace in December: PMI
China’s factory activity expanded at a quicker pace in December due to stronger gains in output and new orders, but business confidence for 2024 remained subdued, a private-sector survey showed […]
Oil Prices Rally After Fresh Red Sea Attacks
Published: 1/2/2024 5:00 AM ET | Oil prices rose over 2 percent on Tuesday amid concerns of potential supply disruptions in the Middle East.Benchmark Brent crude futures jumped 2.1 percent to $78.68 a […]
Japan downgrades tsunami warning after earthquake rocks region, at least four confirmed dead
A series of major earthquakes rocked Japan on Monday, killing at least four people and trapping others under collapsed houses, according to local reports. Kyodo News reported on the four deaths, citing the Ishikawa […]